Is my jewelry marital property? Should I appraise my car? While the discovery process is a drawn-out and stressful period of the divorce process, it is also crucial to obtaining a fair and equitably division of assets. Thus, strategically planning what to appraise and what should be fought for is important so that liquid assets…
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Understanding Discovery
Irrespective of whether you ultimately decide to settle your case or litigate and proceed to trial, discovery is crucial. Soon after a divorce commences, the attorneys for each spouse will engage in the process ofdiscovery. Discovery is the legal term for exchanging information between spouses to effectuate complete disclosure of the information relevant to the…
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High Net Worth Divorce Mistakes
It is imperative that spouses are truthful and fully disclose any and all income and assets standing in his/her name, whether individually or jointly with another person, during the divorce.,. Dishonesty and misrepresentations of one’s income and/or assets may lead to the divorce to be “reopened” on the basis of fraud and the fraudulent party…
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What will happen to my inheritance during the divorce?
In Massachusetts, any and all assets held by either party are subject to an equitable division between the parties at the time of divorce. This includes assets that were inherited by either party. In determining an equitable division of inherited assets, the Judge will consider: the size of the inheritance, when the inheritance was received,…
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